Evening star. [volume] (Washington, D.C.) 1854-1972, 1887-06-30
THE HOPKINS u. AND O. STOCK.
Mr. CARROTS Purchase and the ssDeal0
the Talk Ot Financial Circles.
From the Baltimore Sun.

From the Baltimore Sun
The report circulated In Baltimore financial cir
Giles that Mr.. Garrett had taken the 1900 shares
of Baltimore and Ohio stock from the Johns Hop
kns trustees at $40 per share was much discussed
yesterday. Those who were presumed 10 know
something OF the transaction maintained most
discreet silence. A half dozen different financial
men who heard the circumstantial statement as &c
reached the street on Tuesday thought they were
wen enough Informed not 10 be mistaken as 10 the
fact but until the principals are prepared TO give
the details the public cannUJ know the terms OF
Mr.. CARROTS deal with the Hopkins trustees Ie
is said the steps taken were matters of preliminary
discussion at conference between Mr. Garrett
and the representatives OF the trustees on Tues
day of last week, prior To the departure OF the
Baltimore and Ohio president for Deer Park The
finance committee OF the board OF trustees have
full power TO deal In the matter OF the railroad
stock, and the board will be- called together sub
Sequently 10 ratify their work. When Mr. tiarretg
first asked for options on Baltimore ana ohio
stock II Is said he took the option for hall OF that
owned by the Johns Hopkins. but latey on he OBJ
tanned the option for all of IL.
Dispatches IRON New York reiterated the state
ment that Mr. Gould Is about making arrange
ments that VIII at least neutraize the competIt6n
OF the Baltimore and Ohio Telegraph with his
Western Union. Mr. Gould Is said 10 have lost no
opportunity since the commencement OF the Ives
Stayner deal TO submit proposals for getting In
with The Baltimore and Ohio people but az one OF
the Baltimore aud Ohio party has said, ''Gou.d
always has asked that some OF our friends should
be made away with which Mr. Garrett could
under no circumstances be- induced 10 do This
significant remark may have been intended 10
convey the idea that Goulu would like 10 displaoe
such gentlemen as Ives and Stayner. Whether the
New York stories about a Western MON and
Baltimore and Ohio Telegraph deal are merely re-
newals OF the oft-repeated cauards or really have
some bottom 10 them, IL was apparent that the
financial people In Baltimore began yesterday 10
look at the matter as II there may be something
serious In IL after all Mi. Garrett is expected 70
remain at Deer Park for some time and sail for
Europe en- July n but he VIII be in Baltimore
several days before his departure.
The special correspondent OF the San at New
York telegraphed last evening as follows: wall
street was nlled to-day with rumors relative 20
the Baltimore and Ohio. IL is scarcely necessary
TO repeat the rumors they have been ON the street
so often. il was put forth, however, as fact that
the great deal had been fixed; that Robt. Garrett
is TO retain onenfth interest In the property but
that another man, PROBABLY Austin Corbn Will
be president; that the telegraph viii pass into Mr.
Goulds control, but will be operated as a separate
line in order 10 head on another new competing
company. This statement, though generally cred
lied on the street. falls To receive any substantial
ton In Official circles Jay Gould says he does not
want Baltimore and Ohio Telegraph, and Henry 8.
Ives says that it has not been offered TO Gould,
and he does not believe that he would take IL IL ft
was offered TO him. Maxwell a Graves say
that Austin Corbin Is not 10 be president OF the
new Baltimore and Ohio system, and all persons
known to be concerned in the Baltimore and OHIO
deal declare that the situation Is unchanged and
that to-days rumors are gossip put forth 10 iniu-
ence pr1ceS.r